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Updated over 5 years ago on . Most recent reply
[Calc Review] Help me analyze this deal in South Colorado Springs
*This link comes directly from our calculators, based on information input by the member who posted.
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Hi all, I am new to bigger pockets and analyzing deals. I saw this one online and have been running the calculations and it keeps coming up as a negative cash-on-cash return. Is this just a bad deal or am I running the numbers incorrectly? Is there any way this could be a good deal with a lower purchase price or other changes? Also, a possibly related question: The county assessor listed the property value at $299k so is the asking price of $460k way too high or is there a disconnect between assessor valuation and price? Thanks for any and all replies!
Most Popular Reply
- Real Estate Agent
- Denver | Colorado Springs | Mountains
- 2,721
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That's good to hear. I wasn't sure about that, and I haven't heard back from the city to confirm it.
- James Carlson
- [email protected]
- 720-460-1770
